According to recent findings, the Global Nutraceutical Product Market size was valued at around USD 591.1 billion in 2024 and is projected to reach USD 912.25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.50% during the forecast period, i.e., 2025-30.
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Nutraceutical Products Overview:
The growing inclination of consumers toward functional foods owing to their increasing health consciousness is the primary aspect driving the nutraceutical industry worldwide. Moreover, the mounting global prevalence of chronic illnesses and stringent norms about food fortification by the governments of different countries further accelerate the market. The development of dietary supplements is anticipated to be sparked by a swift inclination toward medical nutrition owing to the growing applications in treating cardiovascular disease and malnutrition. Other than this, the rising geriatric population, increasing healthcare costs, changing lifestyles, and food innovation have positively influenced industry growth in the past few years.
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Nutraceutical Products Outlook and Future Trends :
Augmenting demand for Customized nutraceuticals– Trends like customization and personalization of these components are quickly gaining popularity as consumers become more aware of the availability and health benefits of nutraceuticals. Nutraceuticals created specifically to support people’s health and meet their unmet nutritional needs are in high demand due to people. Numerous customers are also expressing interest in tailored products, including supplements, diet plans, and workout regimens. A continuous expansion of the nutraceuticals market will be aided in the coming years by the need for and acceptance of nutritional supplements, which are becoming an increasingly important intervention in predictive & proactive health.
Global Nutraceutical Products Segmentation Analysis:
By Product Type
-
- Functional Beverages– Market Size & Forecast 2020-2030, USD Million & Million Units
- Sports Drinks
- Dairy & Dairy Alternative Drinks
- Fruit & Vegetable Juices
- Functional Foods– Market Size & Forecast 2020-2030, USD Million & Million Units
- Dietary Supplements– Market Size & Forecast 2020-2030, USD Million & Million Units
- Functional Beverages– Market Size & Forecast 2020-2030, USD Million & Million Units
By Distribution Channel
-
- Supermarkets/Hypermarkets– Market Size & Forecast 2020-2030, USD Million & Million Units
- Online Retail
- Specialty Stores– Market Size & Forecast 2020-2030, USD Million & Million Units
- Pharmacies-Market Size & Forecast 2020-2030, USD Million & Million Units
- Others-Market Size & Forecast 2020-2030, USD Million & Million Units
According to reports The specialty stores segment is poised to be the fastest-growing channel in the nutraceutical products market during the forecast period, a trend strongly supported by evolving consumer preferences and regional market dynamics.
By End User
-
- Household– Market Size & Forecast 2020-2030, USD Million & Million Units
- Commercial– Market Size & Forecast 2020-2030, USD Million & Million Units
By Source
-
- Probiotics– Market Size & Forecast 2020-2030, USD Million & Million Units
- Prebiotics– Market Size & Forecast 2020-2030, USD Million & Million Units
- Vitamins– Market Size & Forecast 2020-2030, USD Million & Million Units
- Minerals– Market Size & Forecast 2020-2030, USD Million & Million Units
According to reports Here, Probiotic products are likely to acquire a sizable market share in the forecast period due to their versatility in treating lifestyle-related diseases.
By Region
-
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa.
According to reports, Asia-Pacific region is expected to dominate the global nutraceutical products market during the 2025–2030 period.
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Some of the Market players in the Global Nutraceutical Products are:
- Archer Daniels Midland Company.
- BASF SE
- Cargill, Inc.
- Danone
- DuPont de Nemours, Inc
- General Mills Inc.
- Financial Details
- Koninklijke DSM N.V.
- Nestle S.A.
- PepsiCo, Inc.
- Yakult Honsha Co., Ltd
- Business Description
- Kellogg Company
- Herbalife International of America, Inc.
- Abbott Laboratories Inc.
- Mead Johnson Nutrition Co.
- Omega Protein Corp.
- Zymes LLC.
Nutraceutical Products Recent Development:
- 2024: BASF launched a new line of sustainable, algae-based omega-3 supplements. This shift towards algae-derived omega-3 oils offers a vegan and potentially more sustainable alternative to traditional fish oil supplements, aligning with growing consumer demand for plant-based and eco-friendly options.
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Research Methodology Summary
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Key Steps:
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